NSE, BSE to remain closed on these days in May; mark your calendar

FILE PHOTO: A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas/File Photo

The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for two days in the month of May. The NSE and BSE will remain closed on May 1 on the occasion of Maharashtra Day.

Also known as the Maharashtra Din, the day commemorates the formation of the state of Maharashtra on May 1, 1960. Maharashtra was formed after the linguistic reorganisation of Indian states.

Apart from May 1, the NSE and BSE will also remain closed on May 20 when all six Lok Sabha seats in Mumbai go to polls in the fifth of the seven-phase general elections.

Here’s a list of stock market holidays in 2024:

Meanwhile, Lok Sabha elections in the state of Maharashtra will be held in five phases. While voting on April 19 and April 26 concluded, the remaining seats in the state will poll on May 7, May 13 and May 20. The counting of votes is scheduled for June 4.

The Lok Sabha elections 2024 began in India with voting in 102 seats in the first phase on April 19. The polls saw a voter turnout of around 65.5%. In the second phase, another 88 seats were polled and the voter turnout was 63%.